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Listing Number: 1613Posting Date: 25 September 2009
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Purchase price: $105,400
Rent: $190 per week
9.4% Gross yield and 15% below RV
Pre-tax positive cashflow of $46 per week ($2383 per year)
3 bedroom weatherboard villa currently owner occupied. North facing lounge, open plan kitchen and dining, dishwasher, heat pump and multifuel burner.
Handy to shops, schools, parks and Southland Hospital.
Possibly subdividable section (subject to council approval).
Call Paul on 09 575 4550 or 021 758 543 or email email@example.com for more info